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The Wall Street Journal

EY Faces Knotty Cut up of Its Profitable Tax Enterprise

Ernst & Younger’s tax specialists usher in masses of cash and are extremely valued by the agency’s purchasers. Many members of the 70,000 sturdy group don’t know the place they are going to be working subsequent yr, or if they are going to be competing in opposition to one another.

The proposed breakup of EY into a gentle agency targeted on auditing corporations and a faster-growing consulting enterprise has reached the nitty-gritty section after its high executives authorised the cut up.

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